Ex 1				Ex 2			Ex 3					Ex 4						Ex 5									
								cost	NRV	BV									Units	Unit cost	BV						
Db	Stock	" 40,000    "		Cost	495		ford	" 2,300    "	" 3,140    "	" 2,300    "		FIFO						Raw materials	" 5,000    "	25	" 125,000    "						
Cr	AP	" 40,000    "					rover	" 4,500    "	" 3,900    "	" 3,900    "			Units	Price	Cost			WIP	" 2,000    "	30	" 60,000    "						
							renault	 600    	 750    	 600    		Purchase	800	220	" 176,000    "			Finished products	" 1,000    "	35	" 32,000    "	see workings					
Db	AP (debit note)	" 5,000    "					toyota	" 6,800    "	" 8,900    "	" 6,800    "		Purchase	200	180	" 36,000    "						" 217,000    "			Workings:			
Cr	Discount received	" 5,000    "						" 14,200    "	" 16,690    "	" 13,600    "		Sale	900		" 194,000    "	(COS)								Cost (unit)	NRV (unit)	min	Total
															" 18,000    "	Closing balance							700	35	45	35	" 24,500    "
												Average											300	35	25	25	" 7,500    "
													Units	Price	Cost												" 32,000    "
												Purchase	800	220	" 176,000    "			Ex 6									
												Purchase	200	180	" 36,000    "			Total costs of A	" 98,000    "								
												Sale	900		" 190,800    "	(COS)		Unit costs of A	19.6								
															" 20,618    "	Closing balance											
																											
																											
																		Ex 7									
																		Sales ratio of A	38%								
																		Sales ratio of B	62%								
																											
																		Total costs of A	" 115,385    "								
																		Unit costs of A	23.08								
																											
																		Total costs of B	" 184,615    "								
																		Unit costs of B	46.15